23 Olwen Drive

    23, OLWEN DRIVE, HEBBURN, HEBBURN, NE31 1AR

    This terraced leasehold property on Olwen Drive last sold in December 2008 for £165,000. Based on price growth in the NE31 district since then, its estimated current value is £224,272 — placing it in the 31st percentile nationally and the 67th percentile within NE31. The property covers 110 m² (1,184 sq ft), giving an estimated value of £2,039 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    110 m²

    (1,184 sq ft)

    Last Sale Price

    £165,000

    Dec 2008

    Estimated Valuation

    £224,272

    Est. £/m²

    £2,039/m²

    £189/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area110 m² (1,184 sq ft)
    EPC dateSept 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2008

    New build

    £165,000

    Key Metrics

    Estimated valuation£224,272
    Value per m² / sq ft£2,039/m² (£189/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE31 district percentile67th percentile
    National percentile31st percentile

    District Context — NE31

    NE31 covers South Shields and surrounding areas in South Tyneside, on the south bank of the River Tyne in North East England. It is a traditional coastal and former industrial community with a mix of terraced housing, modern developments, and seafront amenities.

    Average Property Price - NE31

    £190,157

    10

    National percentile

    Average Net Household Income - NE31

    £33,631

    23

    National percentile

    10-Year Annualised Price Growth - NE31

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE31

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